CHAPTER THREE
OPERATION OF BUSINESS
ENTITIES
WITH FOREIGN INVESTMENT
Article 24. Labour and Social Security Relations.
1. Business entity with foreign investment
shall primarily employ citizens of Mongolia. Expatriates may be
hired for a job requiring special or high qualification. The Ministry
of Demography and Labour shall consider and decide this matter.
2. Matters of labour and social security
related to the citizens of Mongolia who are employed by the business entity
with foreign investment shall be governed by the laws of Mongolia on labour
and social insurance.
3. Expatriates who are employed by the business
entity with foreign investment shall be subject to income taxation according
to the laws of Mongolia and shall have the right to transfer their income
abroad after paying tax.